By Meezan Bank, Pakistan’s leading Islamic banking institution, has introduced a groundbreaking financing option for motorcycle buyers with the Meezan Apni Bike 2025 installment plan. Based on the Islamic mode of financing known as Musawammah, this plan offers a 100% Shariah-compliant solution for those looking to purchase a new motorcycle through affordable and interest-free monthly payments.
This innovative offering aligns with Meezan Bank’s ongoing mission to provide ethical and accessible financial solutions for all Pakistanis.
What is Musawammah?
Musawammah is an Islamic financing structure where the seller (Meezan Bank) sells a product to the customer without disclosing its original purchase price. The bank buys the motorcycle from a certified vendor and resells it to the customer at an agreed-upon price, payable in fixed installments. Ownership of the motorcycle is transferred immediately upon delivery.
Key Features of the Meezan Bike Installment Plan
- Shariah-Compliant Mode: Musawammah (no interest involved)
- Instant Ownership: Transferred at the time of delivery
- Trusted Brands: Honda, Suzuki, Yamaha, Super Power, and more
- Flexible Tenure: Choose from 1, 2, or 3-year installment plans
- Down Payment: As low as 15%, up to 50%
- Availability: Offered in Karachi, Lahore, Islamabad, Faisalabad, Rawalpindi, Peshawar, and other major cities
- Processing Fee: PKR 1,800 (non-refundable)
- Payment Method: Auto-debit from Meezan Bank account
- Early Termination: No profit charged if closed early
Takaful & Registration Options
| Product Type | Down Payment | Takaful | Registration |
|---|---|---|---|
| 0% Product | 20% – 50% | Mandatory | Mandatory |
| Standard Product | 15% – 50% | Optional | Optional |
Takaful Charges: 5% annually
Registration: Based on actual government charges
Who Can Apply?
General Requirements:
- CNIC Copy
- Passport-size Photograph
- Signature Verification Form
- Declaration of Financing
For Salaried Individuals:
- Last 6-month certified bank statement
- Latest certified pay slip
- Employer’s certificate
For Business Owners:
- Last 12-month certified bank statement
- 2 years of business proof (e.g., tax returns or bank letter)
How to Apply for Meezan Apni Bike 2025?
Visit any Meezan Bank branch, fill out the application form, and submit the required documents. Approvals typically take 5 to 7 working days, and delivery depends on the manufacturer’s availability.
Whether you’re a salaried employee, a small business owner, or a self-employed professional, the Meezan Bike Installment Plan 2025 offers an affordable and Shariah-compliant way to own a brand-new motorcycle. With its flexible terms, trusted brand partnerships, and transparent process, it’s a smart and ethical choice for anyone seeking interest-free bike financing in Pakistan.
